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CHANTILLY, Va.--(BUSINESS WIRE)--Apr. 28, 2017--
Engility Holdings, Inc. (“Engility” or the “Company”) (NYSE: EGL) today
announced that its wholly-owned subsidiary, Engility Corporation, has
launched an offer to exchange its 8.875% Senior Notes due 2024 in the
aggregate principal amount of $300,000,000 (the “Initial Notes”), which
are not registered under the Securities Act of 1933, as amended (the
“Act”), for a like principal amount of 8.875% Senior Notes due 2024 (the
“Exchange Notes”), which have been registered under the Act. The
exchange offer will expire at 5:00 p.m. (New York City time) on May 26,
2017, unless extended by the Company. Valid tenders of the Initial Notes
must be made, and may be withdrawn at any time, before the exchange
offer expires.

The Exchange Notes are substantially identical to the Initial Notes,
except that the Exchange Notes will be registered under the Act and will
not be subject to the transfer restrictions and certain registration
rights agreement provisions applicable to the Initial Notes. The Initial
Notes that are subject to the exchange offer were originally sold in a
private placement to qualified institutional buyers under Rule 144A and
to persons outside the United States under Regulation S, which was
completed on August 12, 2016.

Documents describing the terms of the exchange offer, including the
prospectus and transmittal materials for making tenders, may be obtained
from the exchange agent, Deutsche Bank Trust Company Americas, via
registered or certified mail at DB Services Americas, Inc., Attention:
Reorg Dept, 5022 Gate Parkway, Suite 200, Jacksonville, Florida 32256,
or via facsimile at (615) 866-3889.

This press release does not constitute an offer to purchase or a
solicitation of an offer to sell securities. The exchange offer is being
made only pursuant to a prospectus and the related transmittal materials
and only to such persons and in such jurisdictions as is permitted under
applicable law.

About Engility

Engility (NYSE:EGL) is engineered to make a difference. Built on six
decades of heritage, Engility is a leading provider of integrated
solutions and services, supporting U.S. government customers in the
defense, federal civilian, intelligence and space communities. Our
innovative, highly technical solutions and engineering capabilities
address diverse client missions. We draw upon our team’s intimate
understanding of customer needs, deep domain expertise and technical
skills to help solve our nation’s toughest challenges. Headquartered in
Chantilly, Virginia, and with offices around the world, Engility’s array
of specialized technical service offerings include high-performance
computing, cybersecurity, enterprise modernization and systems
engineering. To learn more about Engility, please visit www.engilitycorp.com
and connect with us on Facebook, LinkedIn and Twitter.

Forward-Looking Statements

Statements contained in this news release, other than statements of
historical fact, are forward-looking statements that involve risk and
uncertainties within the meaning of Section 27A of the Securities Act of
1933, as amended, Section 21E of the Securities Exchange Act of 1934, as
amended, and the Private Securities Litigation Reform act of 1995.
Actual future events or results may differ materially from these
statements. Readers are referred to the documents filed by Engility with
the Securities and Exchange Commission, including the Company’s annual
report on Form 10-K, current reports on Form 8-K and quarterly reports
on Form 10-Q. These filings identify important risk factors and other
uncertainties that could cause actual results to differ from those
contained in the forward-looking statements. The Company undertakes no
obligation to revise or update any forward-looking statements, or to
make any other forward-looking statements, whether as a result of new
information, future events or otherwise.